Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

I'm looking for someone that may have had some experience with Section 8/Affordable housing and the tax advantages for the buyer? What type of contributions are available from the municipalities, etc. Please advise....thx!

hi everyone!I recently just watched Dean's tv show of the book and purchased it. It sounds like a wonderful book, and i want to invest in real estate so bad. However, I'm afraid that I won't be successful, because I am Vietnamese, I'm still college students, and I just came to US 6 years ago. I am fluent in English, but I'm still really afraid of getting start:(. Do you guys have any advices? I'm really appreciate it

In a message that I sent to forum member, "Sully," I asked.....

"I saw in a thread where you suggested to a woman that a great way to get started with real estate is to find out if certain seller's are willing to pay finder's fees. Well, I've been calling around and speaking to people that own properties and all of them have told me that I need to have a license in order for them to pay me a finder's fee. Do you know if there's any way around this?"

Can someone please tell me how to get the free website that Dean gives us students. I have contacted the 800 number hotline TWICE and they have directed me to the website number TWICE. I have spoken with two different people at the website hotline and they have emailed me the setup for the website and IT DOESN'T WORK. I have called them back TWICE and cannot get anyone to help me. One operator did tell me that they sent the wrong one. Can anyone help me or tell me what I need to do to get my website from Dean? Please help. Thank you.

Can someone help? I saw a post that had this really fantastic formula for figuring out what to offer. But it was late at night and now I have no idea where or what it was. Anyone know?

tia, (thanks in advance)
Rachael

I spoke with a lawyer in regards to the idea of "wholesaling" properties and his take was to just write an option contract outright rather than create what is essentially an option contract by including an escape clause? Any thoughts on the legal implications of this? Specificallly in regards to how the courts view such "purchase contracts" which are in essence functioning as an option to purchase. Does anybody know of cases where courts have found such lines as "contingent upon partner's approval" or "contingent upon securing financing" to be weasel clauses?

I may have a great candidate for a first SFR to take hold of and rent out. This is the description from the listing agent.

Good Evening,

Does anyone have more than one RE Agent/Realtor working with them looking for deals? If so, what if any paperwork is required? Basically, what are the pros and cons.

I ask because I have a good friend who is a Realtor and know of two others who'd also be happy to work with me. I haven't ask any of them yet what is appropriate.

I thought about calling a local RE office and asking them as well.

Thanks,

Ron

Sorry if this was answered already, couldn't find the answer. I'm new at all of this so pardon my ignorance on this matter. Let's say that you got a real good deal on a foreclosure. You have purchased it and you decided to keep for a rental. You have gone in and put several thousand into. It's sparkling and smells of apple pie now (lol). Then you learn that the person that has lost it came into some money and wanted their house back. I'm in TN and according to Dean's book, "Be a real estate millionare", the last owner has a redemption period of 730 days (page217). Am I reading this right?

Where can I find a form to help me figure the rate of return? This would be for buying a distressed property and renting the property, then selling at an upswing market.

This will be used to present my deal to a potential investor.

Thank you!